Net Lease Properties Become a Hot Commodity Due to Low Yields on Alternative Investments

September proved to be a busy month for the single tenant net lease sector.  Within a 24-hour period on September 6, Realty Income Corp., an Escondido, CA based REIT specializing in net lease properties, bought American Realty Capital Trust, which owns 501 mostly net lease buildings, for approximately $2.95B, then Lexington Realty Trust, a New York City based REIT, announced it was acquiring a portfolio of net lease office and industrial properties from its joint venture with Inland American for $480M.  Author:  Elaine Misonzhnik, Source:  National Real Estate Investor

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